Mnuchin: Treasury to make 'final decision' on Trump tax returns May 6

By

Daniel Uria

Treasury Secretary Steven Mnuchin said Tuesday that the Treasury Department will make a "final decision" on whether to release President Donald Trump's tax returns on May 6. Photo by Tasos Katopodis/UPI | License Photo

April 23 (UPI) -- Treasury Secretary Steven Mnuchin said Tuesday that his department will decide by May 6 whether or not it will release President Donald Trump's tax returns to Congress.

Mnuchin made the announcement after the Internal Revenue Service, which he oversees, missed the deadline to release the returns -- set by House Ways and Means Chairman Richard Neal -- passed at 5 p.m. Tuesday.

"Although federal law establishes no deadline for a response to your request, we expect to provide the committee with a final decision by May 6, after receiving the Justice Department's legal conclusions," Mnuchin wrote in a letter to Neal.

Mnuchin added the release of the tax returns could "threaten the privacy of all tax payers" unless carefully restrained by law.